NVDA is holding strong above its key support at $131.97 📉(drawn green line), signaling potential for a bullish move 📈. A short call position here could be profitable, with a stop-loss at $131.30 to manage risk.
🔑 Key Levels to Watch:
🔵 $135.50 Retest: A breakout above this level confirms bullish momentum.
🎯 Target Range: $139 - $141.50 after a clean break of $135.50.
💡 Pro Tip: Stay disciplined with stop-losses and watch for sustained volume above the breakout level for the best entries.
Let’s ride the wave 🌊—smart risk management is the key to success! 💼📊
🔑 Key Levels to Watch:
🔵 $135.50 Retest: A breakout above this level confirms bullish momentum.
🎯 Target Range: $139 - $141.50 after a clean break of $135.50.
💡 Pro Tip: Stay disciplined with stop-losses and watch for sustained volume above the breakout level for the best entries.
Let’s ride the wave 🌊—smart risk management is the key to success! 💼📊
Note
Failed to test $131.71 support line so we are in correct track of short term bullish trade. Partial Profit booking when it reaches - $135.75 for safe traders
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.